Section 225B Meaning of “oil rights”F1
In this Chapter “oil rights” means—
(a)
rights to oil to be extracted at any place in the United Kingdom or a designated area, or
(b)
rights to interests in or to the benefit of such oil.
Annotations
Textual amendments
- F1
Pt. 2 Ch. 16A inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 1 para. 2 (with Sch. 9 paras. 1-9, 22)